The government has given big relief to companies importing laptops, personal computers and tablets. The central government has decided to extend the import limit for another year this month. However, the main focus of the government is still on local manufacturing. In 2025, companies can import laptops, PCs and tablets from outside, but the government can bring a policy to reduce imports by 5 percent in 6 months. Earlier in August 2023, the government had decided to ban free import of laptops, PCs, tablets etc., which was not implemented later.
Promotion of local manufacturing
The government had taken this decision to promote local manufacturing i.e. Make in India. However, it was not implemented keeping in mind the interests of the industry. Later, the government implemented the Import Management System in October 2023, under which it was made mandatory for IT hardware companies to register and disclose data related to their imports.
According to industry experts, the government may review this issue once again in mid-2025. It is estimated that by then all brands will start production of laptops, PCs and tablets etc. in India. After the start of local manufacturing, the government will focus on gradually reducing imports. After reviewing the brand-wise demand and distribution of laptops, PCs and tablets, imports can be reduced by 5 percent.
Companies have full opportunity
According to the report of ET, the government is giving full opportunity to the companies manufacturing computers, tablets and laptops etc. to reduce imports. At the same time, pressure is also being created to focus on local manufacturing. The government has decided to provide the benefit of 0 percent import duty on laptops, PCs and tablets from January 1, 2025 to December 31, 2025. After analyzing the demand and supply in the market, restrictions on imports can be implemented, which will benefit local manufacturing.
Image Credit: India-Tv.